This bounty is for creating an infographic that visually explains 'What are Bitshares?' It will show how BitShares functions on a basic level and how it is the first of many future DACs. You can reference Dan's 'What Are Bitshares' video on youtube as well as his articles on the invictus website for content.

What we're looking for is an infographic with a simple and elegant design, one page only, which can be printed on standard 8.5X11 paper, and tailored for the non-technical person. We will then distribute it as a handout at the next event. Because the event is the end of this month, this bounty will have a deadline of Jan 17 at which time the winner will be chosen.

Feel free to add comments or suggestions between now and Jan 7, at which time this bounty will become [ACTIVE].

Hey Forum, I NEED YOUR OPINION: Would it be advantageous to compare/contrast BitShares and Bitcoin in this infographic? The first place we'll distribute this will be at the North American Bitcoin Conference in Miami at the end of the month.

Since most everyone attending will be familiar with Bitcoin but not necessarily with BitShares, would it be useful to explain how the two are different and how how BitShares takes the powerful ideas of Bitcoin into new territory? In other words, show how Bitcoin is the SMALLER idea, since it would qualify as just a single DAC in the soon to be huge DAC universe of decentralized businesses. Please share your opinions, I'd like to know what you think. b

Hey Forum, I NEED YOUR OPINION: Would it be advantageous to compare/contrast BitShares and Bitcoin in this infographic? The first place we'll distribute this will be at the North American Bitcoin Conference in Miami at the end of the month.

Since most everyone attending will be familiar with Bitcoin but not necessarily with BitShares, would it be useful to explain how the two are different and how how BitShares takes the powerful ideas of Bitcoin into new territory? In other words, show how Bitcoin is the SMALLER idea, since it would qualify as just a single DAC in the soon to be huge DAC universe of decentralized businesses. Please share your opinions, I'd like to know what you think. b

Less comparing, more contrasting. The only connection this has to bitcoin is that they both use the blockchain distributed consensus innovation, and that bitcoin is an asset tracked by bitshares. The similarity in name makes it particularly important to emphasize that bitshares do not behave like a currency or value store like gold (like bitcoin), but rather it is *equity in a DAC which performs certain market services*.

Compare/contrast might only be useful if you incorporate bytemaster's explanation of what bitcoin is when you interpret it as a DAC ("a bank that has a 12% wealth tax and ..." or something)

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I think the word definitely has to go out in as much ways as possible as it might turn more heads towards this direction. Although explaining bitshares in a very simplistic form is already quite a challenge I do think there needs to be a comparison chart within it especially on a bitcoin specific conference.

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Hey Forum, I NEED YOUR OPINION: Would it be advantageous to compare/contrast BitShares and Bitcoin in this infographic? The first place we'll distribute this will be at the North American Bitcoin Conference in Miami at the end of the month.

Since most everyone attending will be familiar with Bitcoin but not necessarily with BitShares, would it be useful to explain how the two are different and how how BitShares takes the powerful ideas of Bitcoin into new territory? In other words, show how Bitcoin is the SMALLER idea, since it would qualify as just a single DAC in the soon to be huge DAC universe of decentralized businesses. Please share your opinions, I'd like to know what you think. b

I think there is no need to compare or contrast BitShares with Bitcoin. Since everyone is familiar with bitcoin, giving some blockchain design detail is enough for people to understand this is from bitcoin idea. Bitcoin is a social test, we are making a real Eco-system based on the idea, surely BitBTC is supported in BitShares.

Hey Forum, I NEED YOUR OPINION: Would it be advantageous to compare/contrast BitShares and Bitcoin in this infographic? The first place we'll distribute this will be at the North American Bitcoin Conference in Miami at the end of the month.

Since most everyone attending will be familiar with Bitcoin but not necessarily with BitShares, would it be useful to explain how the two are different and how how BitShares takes the powerful ideas of Bitcoin into new territory? In other words, show how Bitcoin is the SMALLER idea, since it would qualify as just a single DAC in the soon to be huge DAC universe of decentralized businesses. Please share your opinions, I'd like to know what you think. b

I think there is no need to compare or contrast BitShares with Bitcoin. Since everyone is familiar with bitcoin, giving some blockchain design detail is enough for people to understand this is from bitcoin idea. Bitcoin is a social test, we are making a real Eco-system based on the idea, surely BitBTC is supported in BitShares.

Just my 2 cents.

I think Bitcoin can be viewed as a DAC that pays 100% of revenues to employees while also diluting the company stock by 12% per year to make up for the fact that employees are more expensive than the value they are producing for the shareholders. In other words, as a DAC bitcoin is bleeding red and will not even break even on day to day operations for 100 years.

Compare this to an BitShares DAC that pays 100% of revenues as profits to shareholders and has no employee expenses. Even with no other features than allowing share transfers BitShares will become the most profitable DAC of all the current crypto-currencies on the market including those that are normally considered our competitors such as Mastercoin.

This simple compare and contrast demonstrates the value of our design even without understanding any other details about how BitShares works.

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For the latest updates checkout my blog: http://bytemaster.bitshares.orgAnything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else. These are merely my opinions and I reserve the right to change them at any time.

Hey Forum, I NEED YOUR OPINION: Would it be advantageous to compare/contrast BitShares and Bitcoin in this infographic? The first place we'll distribute this will be at the North American Bitcoin Conference in Miami at the end of the month.

Since most everyone attending will be familiar with Bitcoin but not necessarily with BitShares, would it be useful to explain how the two are different and how how BitShares takes the powerful ideas of Bitcoin into new territory? In other words, show how Bitcoin is the SMALLER idea, since it would qualify as just a single DAC in the soon to be huge DAC universe of decentralized businesses. Please share your opinions, I'd like to know what you think. b

I think there is no need to compare or contrast BitShares with Bitcoin. Since everyone is familiar with bitcoin, giving some blockchain design detail is enough for people to understand this is from bitcoin idea. Bitcoin is a social test, we are making a real Eco-system based on the idea, surely BitBTC is supported in BitShares.

Just my 2 cents.

I think Bitcoin can be viewed as a DAC that pays 100% of revenues to employees while also diluting the company stock by 12% per year to make up for the fact that employees are more expensive than the value they are producing for the shareholders. In other words, as a DAC bitcoin is bleeding red and will not even break even on day to day operations for 100 years.

Compare this to an BitShares DAC that pays 100% of revenues as profits to shareholders and has no employee expenses. Even with no other features than allowing share transfers BitShares will become the most profitable DAC of all the current crypto-currencies on the market including those that are normally considered our competitors such as Mastercoin.

This simple compare and contrast demonstrates the value of our design even without understanding any other details about how BitShares works.

This little "elevator speech" seems to make the light come on for a lot of people. Now how do you say it with pictures?

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Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind. These are merely my opinions which I reserve the right to change at any time.

I think Bitcoin can be viewed as a DAC that pays 100% of revenues to employees while also diluting the company stock by 12% per year to make up for the fact that employees are more expensive than the value they are producing for the shareholders. In other words, as a DAC bitcoin is bleeding red and will not even break even on day to day operations for 100 years.

Compare this to an BitShares DAC that pays 100% of revenues as profits to shareholders and has no employee expenses. Even with no other features than allowing share transfers BitShares will become the most profitable DAC of all the current crypto-currencies on the market including those that are normally considered our competitors such as Mastercoin.

This simple compare and contrast demonstrates the value of our design even without understanding any other details about how BitShares works.

It is good to introduce BitShares in DAC standpoint, that is what we are doing here, BUT,

It is not a good idea to introduce two big concept (BitShares and DAC)in one infographic to a normal bitcoiner. Example of myself, I was attracted to the project by BitShares, because I want a decentralized bank, I love the algorithm how bitassets are created and how BitUSD is valued, then I read more about DAC, it is like eye-opening. I realized that I am in a new world.

Yes, more widely accepted DACs will lead 3I to success, but the flag product BitShares is the key to let people know us, and good way to get DAC-thinking adopted. BitShares is a decentralized exchange, then a DAC. So I suggest just focus on BitShares itself, mention little about DAC and Bitcoin.

Kinda stuck on this one, there's so much to tell about Bitshares . I wanted to do it like this: Left column an explanation about Bitshares + bullet points with key specifications, and on the right side an informal case accompanied with some images to make people grasp the concept more quickly. I could really use some guidance on which subjects you want to have covered exactly and in what detail. Thankss

« Last Edit: January 09, 2014, 02:30:47 am by GodsCreation »

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I really think that a compare / contrast with Bank of America would help.

Bank of America -> earns revenue from transaction fees, atm fees, etcBank of America lends USD into existence using your house as collateral. In the process you and the bank swap IOUs.. (Bank Deposits are IOUs)BoA destroys USD when loan is repaid.BoA pays interest on deposits and charges interest on loansBoA pays dividends to shareholdersBoA can call your loan if your house falls in value.

Everything is the same with BitShares *except* that the collateral is stock in BitShares BEX

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For the latest updates checkout my blog: http://bytemaster.bitshares.orgAnything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else. These are merely my opinions and I reserve the right to change them at any time.

I agree. Let's start with the customer experience. What does BitShares do for the average joe vs what does a traditional bank do. Maybe a visual where all those fees, interest, dividends, etc are shown funneling to BoA, then another for Bitshares showing all those things flowing into Joe's pocket instead. This one is a big one to get down to just a page, but I believe it can be done. Anyone else want to collaborate or submit an idea? B

I think instead of protoshare you meant Bitshare : Lends money into existence using your bitshare as collateral Same thing here : Can call you loan if BTS fall in value

In my opinion I don't thing we should mention Protoshare at all too much information already. We should stick only with Bitshare in this info-graphic. Already it is kind of difficult to grasp the polymorphic part of Bitshare for newbie.

I think instead of protoshare you meant Bitshare : Lends money into existence using your bitshare as collateral Same thing here : Can call you loan if BTS fall in value

In my opinion I don't thing we should mention Protoshare at all too much information already. We should stick only with Bitshare in this info-graphic. Already it is kind of difficult to grasp the polymorphic part of Bitshare for newbie.

Great work, and took the words out of my mouth.

It would be nice if the bullet points could be represented with entertaining images like you would see if this was one of those whiteboard 'rapid sketch' videos.

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For the latest updates checkout my blog: http://bytemaster.bitshares.orgAnything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else. These are merely my opinions and I reserve the right to change them at any time.

1) Cannot be confiscated2) More private than a swiss bank3) Faster than Bitcoin 4) 5% yield on deposits5) No way to default.

A lot to convey, but you are doing great work.

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For the latest updates checkout my blog: http://bytemaster.bitshares.orgAnything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else. These are merely my opinions and I reserve the right to change them at any time.

edit: I see GodsCreation is already using "BitShares BEX", so I guess other people find this change less confusing than I do

« Last Edit: January 10, 2014, 06:38:10 am by toast »

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Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

We just had a huge company meeting where we hashed and rehashed how to brand BitShares BEX and concluded that we would like to just call it BitShares X. We have more details to share about this decision which Brian should be posting when he gets a moment (he is working around the clock preparing for a major splash in Miami).

Here is a new Logo that Brian has had produced that should be incorporated.

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For the latest updates checkout my blog: http://bytemaster.bitshares.orgAnything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else. These are merely my opinions and I reserve the right to change them at any time.

The X in BitShares X will be made out of 4 the same pieces as the arm of the 'b' in the BitShares arranged appropriately.

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For the latest updates checkout my blog: http://bytemaster.bitshares.orgAnything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else. These are merely my opinions and I reserve the right to change them at any time.

Ok I quickly modified the hand out (see post above) incorporating the new logo. I will add the X as well tomorrow and maybe choose and make some changes so I can use the original logo colors and maybe use the graphical b large in the background or so.

About the new logo and naming convention:

I like: Bitshares XI like: the graphical 'b' , fits the purpose of a piece of the pieI dislike the font of the logo, and especially the use of lower and uppercase letters. It feels a bit busyI'm not sure about the graphical X in the end. For the same reasons as above, it might get too much for a logo since we already got the large graphical 'b'. I think a normal X with a different color would look better.

Here's some comparisons:

Anyways I do think this is a nice improvement and more catchy name. Keep up the good work!

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The X needs to be 4 separate pieces of the same shape as the largest piece in the 'b' logo just mirrored in 4 different directions.

I think BitShares X would not reuse the 'b' logo which will be reserved only for the general bit-shares. We just want to reuse elements of the design.

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For the latest updates checkout my blog: http://bytemaster.bitshares.orgAnything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else. These are merely my opinions and I reserve the right to change them at any time.

Thanks Brian, I think if you guys decide to pick on or more of them, then we just have to run over the texts and stuff one more time to make sure everything is exactly the way you want. Of course the Photoshop files can be edited afterwards by you guys as well if we've missed something . If you have the final Bitshares X logo in png or eps format that would be great so I can utilize them. Cheers

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1) I think the 'b' image need not appear with every bitShares instance and the size just seems out of place.2) APPROVED does not quite translate to transaction fees3) Perhaps find a way to integrate the 5 similarities graphics into the 'shares' of a larger representation of the 'b' rather than a flat list. 4) Change the title to BitShares X - Earn 5% or MORE on ANYTHING 5) What happens to your money at your current bank... - seized, spied upon, withdraw limits, account freezes, - both BitShares X and your current bank pay Shareholders... only with BitShares X you ARE the share holder, lets not demonize shareholders 6) The scales should be reversed rather than what is on the sales to indicate the shift.7) No waiting in lines should be replaced with "everyone is a potential ATM" Profits are not reinvested into infrastructure, they are paid as dividends to shareholders (not Invictus).

That is probably more than enough to keep you busy

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For the latest updates checkout my blog: http://bytemaster.bitshares.orgAnything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else. These are merely my opinions and I reserve the right to change them at any time.

I had some struggle with incorporating the large 'b' containing some of the similarities. It takes up a lot of space yet it hold a very small window to put content in. I have moved an element of the logo to the back. Furthermore I deleted the images of 'where does your money go to' and replaced them by text, for me it feels a bit more evened out now. I guess I have to leave it at this for now and make some last minute changes (logo positioning/ texts etc) in a live-chat or so if you decide to go with it. Maybe some other contenders might do a submission as well today or tomorrow. Cheers

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I had some struggle with incorporating the large 'b' containing some of the similarities. It takes up a lot of space yet it hold a very small window to put content in. I have moved an element of the logo to the back. Furthermore I deleted the images of 'where does your money go to' and replaced them by text, for me it feels a bit more evened out now. I guess I have to leave it at this for now and make some last minute changes (logo positioning/ texts etc) in a live-chat or so if you decide to go with it. Maybe some other contenders might do a submission as well today or tomorrow. Cheers

Swiss should be capitalized.. All references to the text "BitShares" should be in the same font as the logo... Replace the 3I / BITSHARES in the top left with the BitShares 'b' graphic (minus text) preferably in the proper colors.

Traditional Bank... Profits are paid to the shareholders (banking cartel)

BitShares X is the first Decentralized Autonomous Company that allows you to speculate on the price of anything while paying shareholders dividends from transaction fees and depositors interest on your deposits.

Show swapping of Bank IOU for Personal IOU ...

Instead of saying lends "money" say lends "dollars"

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For the latest updates checkout my blog: http://bytemaster.bitshares.orgAnything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else. These are merely my opinions and I reserve the right to change them at any time.

I am sorry if I have join late. All design elements are there and it need some final adjustments.Here is my suggestions, if you don’t mind.- Related to color, you have picked dark blue, shades of blue and white color. It is balanced well. Some of the color connotations of blue are loyalty, security, conservatism, tranquility, coldness, sadness. Indeed it look to me little cold and boring. What do you think of third color. It could be discrete add. Few details nothing much if you prefer that way. It should be some light color picked carefully depending on feel you are trying to provoke.(light green,orange, light brown,yellow) Try experimenting a bit. In that way you could distract those cold feelings. If not, maybe could try with purple instead of blue which provokes creativity, mystery, royalty, mysticism, rarity.- Related to fonts I see to many different fonts or its variations or too many different sizes. Either way it looks messy even you have done good color balance. Try to simplify it. You have chosen Sans fonts because of logo font I suppose. It not convinced me that these two fonts are balanced or united. If I were you I would try to add more prestige and royalty. So I would suggest Sans Serif fonts. In that way you could add contrast too and emphasize logo name. Either way I suggest you pick another uniting factor. - Other impressions are that it is well organized and one general suggestion that you try to rid of every design element that is not needed (like that big shade wheel representing Shares I suppose) that way it would look more simple and clean .

Any chance we can get a picture of a house for collateral? And a picture of a foreclosure for calling your loan?

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For the latest updates checkout my blog: http://bytemaster.bitshares.orgAnything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else. These are merely my opinions and I reserve the right to change them at any time.